Midco Toys Ltd

Midco Toys Ltd from Burton-On-Trent UK is a small, active company founded 18 years ago. With 11 employees and £698,217 in assets, it’s a well-established player in the toy market. Two directors and one owner manage the business, which has a respectable Google rating of 4.0 based on 58 reviews. The company regularly imports toys, games, and sports equipment, with its last import operation recorded in October 2024.

Midco Toys Ltd operates as a retail outlet, and its website indicates a partnership with Toymaster, a national toy buying group. The site features a store finder, activities for children, and information about becoming a retail member, suggesting a focus on both direct sales and supporting independent retailers. There's also a section dedicated to exploring different brands, highlighting the breadth of products offered. It’s a fairly standard retail setup, but the Toymaster affiliation suggests a degree of scale and buying power.

Financially, Midco Toys Ltd shows some concerning trends. While cash reserves increased by 33% to £32,000, current assets dropped by 15% to £700,000. Bank borrowings surged by 46% to £12,000, and creditors decreased by 23% to £460,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, so the figures are unaudited. The increase in bank borrowings, alongside a decrease in current assets, could indicate the company is using debt to fund operations, which is not always a bad thing, but it’s something to watch. The average number of employees increased by 36% to 15, which could be a positive sign of growth, but also adds to operational costs. The company’s accounts were authorised on December 04, 2024.

Registered in England/Wales under the registration number 06074719, with a registered address at DE14 3RD, England, Burton-On-Trent, Staffordshire, 6 Lichfield Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.